Seán Sherlock (Cork East, Labour) | Oireachtas source

I move amendment No. 134:

In page 313, to delete lines 14 to 19 and substitute the following:“(a) shall be shown in the company’s entity financial statements as a deduction from the company’s capital and reserves (and the profits available for distribution shall accordingly be restricted by the amount of such deduction); and

(b) shall be shown in the company’s group financial statements, if any, as a deduction from group capital and reserves.”.

This is a minor technical amendment which the Parliamentary Counsel deems necessary.

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